I could track Rentals in the area to see if rents are  on an up or down trend.  I

Is that a new trend I have never seen before?

There is a lot of nice looking vinyl so I would pick something with a real look but not too trendy.

Typically with a trendy atmosphere.

You and I have been following the same trend. I

@Jay HinrichsI'm in the Omaha market and have a decent grasp of the trendy neighborhoods, but one thing I have not seen a lot are tear downs and pop tops. 

This is definitely the case in the more trendy neighborhoods (Plateau, Mile End, etc.)

The only ones I know making money have a lot where they overcharge through aggressive sales and/or make kickbacks (legal) on the financing.I also know one dealer that is making it buy supply trendy customizations and selling to upper class young people he knows and who grew up in the same area as he did.There may be a niche in there somewhere but know what you are getting into.

It's also close to trendy restaurants, bars, shopping, farmers markets, and coffee shops.

Places like Cincinnati , Cleveland , Pittsburgh and even Detroit .Many of these cities are investing quite a bit into revitalization of their downtowns .Take a look at what has happened in Over the Rhine in Cincinnati .. it used to be one of Americans most dangerous neighborhoods and now there are tons of loft buildings selling for high amounts and tons of hipster/trendy restaurants and bars there .Once that neighborhood goes away up people usually look to the next neighborhood that is cheaper then that becomes the hip area .At least this is what i have seen happen over the years in Los Angeles .